3 years ago

WILL GIVE BRAINLIEST

1 answer:

6 0

Reaganomics is President Ronald Reagan's conservative economic policy that attacked the 1981-1982 recession and stagflation. Stagflation is an economic contraction combined with double-digit inflation.

Reagan's position was dramatically different from the status quo. Prior presidents Lyndon Johnson and Richard Nixon had expanded the government's role. Reagan pledged to make cuts in four areas.

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